Loanly Treasury – Wrapping Up

The Treasury is planning to issue a fresh US$ 100 mn of commercial bonds next year while giving up on cheaper program loans from lenders.

The Treasury is planning to issue a fresh US$ 100 mn of commercial bonds next year while giving up on cheaper program loans from lenders. The government has already issued US$ 275 mn worth of development bonds at commercial rates of interest this year.
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The Treasury has not budgeted any program loans from the World Bank or IMF for next year.

The Treasury was due to get US$ 225 mn from the IMF and over US$ 100 mn from the World Bank as program loans this year, but the issues are on hold.

Some of the articles relating to this story that ran on LBO in 2004.


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